SAN DIEGO – GreatCall has acquired Mendota Heights, Minn.-based Healthsense, expanding its reach into the senior living market.
Healthsense uses wireless sensors to monitor daily living activities such as eating, sleeping and movement. It gathers information to establish patterns, evaluate data and enable caregivers to be proactive when they see changes that are indicative of the early onset of a negative health event.
“Healthsense is a natural fit,” said David Inns, CEO of GreatCall, in a statement. “Acquiring Healthsense brings important capabilities in predictive analytics that dovetail with our deep customer knowledge, expands our offerings, as well as increases our exposure in senior living and health care.”
In addition to the senior living market, Healthsense has a presence in the homecare and managed care markets.
GreatCall and Healthsense have similar missions, Inns said: increasing independence, reducing total cost of care, and improving the resident, family and caregiver experience.
“Our goals are so closely aligned that we expect the integration to be seamless,” he said.
A recent independent year-long study with Fallon Health found that using Healthsense, in connection with Fallon’s model of care for seniors, reduced total medical expenses by $687 per member per month. Fallon members who used Healthsense demonstrated a 32.2% reduction in fees for inpatient hospital visits, a 39.4% reduction in ER costs and a 67.7% reduction in expenses for long-term care.
Healthsense says GreatCall is the ideal partner to take the company to the next level.
“We know that older adults want to age independently as long as possible, and the technology and support that GreatCall can provide will allow more of them to achieve this goal,” said A.R. Weiler, Healthsense CEO and president.
This is the second acquisition in two years for GreatCall: In 2015, the company acquired Lively’s assets.